|Bid||0.00 x 69200|
|Ask||0.00 x 40700|
|Day's range||667.00 - 676.00|
|52-week range||441.70 - 849.50|
|PE ratio (TTM)||14.60|
|Earnings date||23 Jan 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||666.60|
British financial spreadbetting firm CMC (Shanghai: 600327.SS - news) Markets said first-half profit would be significantly higher than a year earlier, as increased client trading volumes helped offset challenges from a sector-wide regulatory clampdown. The company, set up by Chief Executive Peter Cruddas as a foreign exchange broker with a 10,000 pound investment in 1989, said net operating income and revenue per client in the six months ending Sept. 30 were higher than a year earlier. "The firm remains cautious about the future outlook given the ongoing regulatory uncertainty and the impact, if any, potential changes could have on Group performance," CMC said in a statement on Thursday.
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
IG Group Holdings Plc, a British online trading company, on Thursday reported a 21.4 percent rise in revenue to 135.2 million pounds for the quarter ended Aug. 31 helped by an expanded client base. Founded ...
European shares fell on Tuesday after disappointing Ericsson and Lufthansa earnings, while scaled-back expectations of monetary tightening by major central banks dented financial stocks. The pan-European ...
European shares fell on Tuesday following disappointing results from bluechips Ericsson and Lufthansa, while scaled-back expectations of monetary tightening by major central banks spurred some profit-taking ...
British online financial trading company IG Group Holdings' full-year pretax profit rose 3 percent, beating analysts' estimates, as an expanding client base helped it grow revenue despite quiet markets. The company, which provides online stockbroking and trading services to retail investors, also said on Tuesday it had made good progress in getting regulatory approval for a subsidiary based in the European Union as it prepares for Britain's exit from the bloc. Founded in 1974 as the world's first spread-betting company, IG Group is now in the early stages of exploring further opportunities outside the EU, it said.
British online financial trading company IG Group Holdings Plc said on Tuesday that full-year pretax profit rose 3 percent, beating analysts' estimates. The company, which provides online stockbroking and trading services to retail investors, said it had made "good progress" in getting regulatory approval for a subsidiary based in the European Union as it prepares for Britain's exit from the bloc. IG Group, founded in 1974 as the world's first spread-betting firm, did not say where its EU subsidiary would be.
Financial spreadbetting company CMC (Shanghai: 600327.SS - news) Markets said its customers know the risks they are taking on as regulators move to tighten controls on the fast-growing 3.5 billion pound ($4.5 billion) industry. The number of CMC (BSE: CMC.BO - news) 's active clients rose 5 percent to 60,082 in the year to end of March and Chief Executive Peter Cruddas said they had shown "complete ambivalence" to regulatory issues. "Clients just want to trade.... what clients are telling us in they like trading, they understand the risks, they don't need leverage imposed upon them," Cruddas told Reuters on Thursday.
** IG Group rises 4.8 pct after guiding for 7 pct revenue growth at FY results ** Also sees FY profits as "modestly" ahead of last year ** A number of brokers say FY revenue figure is reassuring ...
Foreign exchange trading through online retail brokers fell by just over 3 percent in the first quarter of 2017, driven chiefly by a fall-off for the massive Japanese firms who dominate the global trade, industry data showed on Wednesday. The data from industry researchers Finance Magnates Business Intelligence (www.financemagnates.com) showed volumes falling to the equivalent of $356 billion a day, down from $368 billion in the last quarter of 2016 and $364 billion a year ago. The boost to volatility from U.S. and French elections since late last year, however, has helped prop up non-Japanese brokers including IG Group as they battle through a clampdown on regulation of the sector in Europe and the United States.
The blue-chip FTSE 100 index rose 0.2 percent but underperformed the broader European market, up 0.9 percent, as the stronger pound held back its constituents whose earnings are mainly in foreign currencies. The stock joined the FTSE 250 on Monday after being demoted from the blue-chip index.
European shares inched higher on Thursday as investors assessed the risks to Donald Trump's stimulus plans, just before a vote in Congress on U.S. president's healthcare bill. The U.S. vote, which could come as early as Thursday, is seen as a litmus test of Trump's ability to push through legislation, including more market sensitive plans to cut tax, boost spending and deregulate banks. "Investors will have to wait for the outcome of today's vote for the market's next move," said Peter Rosenstreich, head of market strategy at Swissquote Bank in Geneva.
Britain's FTSE 100 edged down on Thursday after an unsteady start, with surprisingly strong retail sales data boosting the pound and triggering a move lower for the index whose constituents mainly earn foreign currency. British retail sales for February beat all economists' expectations in a Reuters poll, jumping by 1.4 percent from January, and triggering a jump in sterling.
European shares fell in early trade on Thursday as investors assessed the risks to Donald Trump's stimulus plans, just before a vote in the U.S. Congress on his healthcare bill. By 0822 GMT, the pan-European ...